On March 6, the NCAA suspended Boeheim for nine ACC games, took away 12 scholarships, and ordered that 108 wins be vacated as a result of a multiyear investigation into the university's athletic programs.

"Coach Boeheim has also told me that he intends to retire as Head Coach in three years," Syracuse chancellor Kent Syverud said. "His goal in making this decision and announcement now is to bring certainty to the team and program in the coming years, and enable and plan for a successful, longer-term transition in coaching leadership. Coach Boeheim's commitment to ensuring that the men's basketball program remains strong even after his tenure is just one more example of his deep loyalty to our University."

The NCAA has placed Syracuse on five years of probation, a reduction of three basketball scholarships over the next four years.

Jim Boeheim has also been suspended for nine games.

Syracuse will not receive an additional postseason ban beyond their self-imposed one this season.

Syracuse did not control and monitor its athletic programs, according to a decision issued by a Division I Committee on Infractions panel.

The self-reported violations, dating back to 2001, include academic misconduct, extra benefits, the failure to follow its drug testing policy and impermissible booster activity. The other violations found included impermissible academic assistance and services, the head basketball coach’s failure to promote an atmosphere of compliance and monitor his staff, and the school’s lack of control over its athletics program.

Syracuse has self-imposed a postseason ban in response to an ongoing NCAA investigation into past infractions.

The school initiated the case, which includes academics, when it self-reported potential athletic department violations to the NCAA in 2007. School officials said Wednesday that none of the conduct occurred after 2012, and no current student-athlete is involved.

The ban includes the NCAA tournament, ACC tournament and NIT.

"I am very disappointed that our basketball team will miss the opportunity to play in the postseason this year," coach Jim Boeheim said in a news release. "However, I supported this decision and I believe the University is doing the right thing by acknowledging that past mistakes occurred."

Plagued by injuries, Syracuse has struggled to a 15-7 mark this season and was a long shot to make the NCAA tournament or NIT.